Charming Corner Heritage Shophouse Off Madras Lane 1
18

Georgetown, Penang

RM 1,230,000

Shop lot For Sale

, posted 21 Jun
RM 1,230,000Georgetown, Penang
PhotoCrop

1,033

 sq.ft

Description

Charming Corner Heritage Shophouse Off Madras Lane

Tucked away in a quiet cul-de-sac off Madras Lane, this corner double-storey heritage shophouse presents a rare opportunity for those seeking a property with character, potential, and a prime location. Well-maintained over the years, the owners have preserved the original upstairs timber features, ensuring that the property retains its timeless charm.

With a FREEHOLD tenure, the shophouse sits on 1,033 sqft of land, with an approximate built-up area of 1,600 sqft. The ground floor features an upgraded separate toilet and bathroom, conveniently located near the rear exit. Upstairs, you will find two original bedrooms and a rear balcony, offering a pleasant space for relaxation.

What makes this property truly special is its redevelopment potential. This shophouse allows for refurbishment or expansion—buyers can extend the rear portion for additional living space or even add extra floors at the rear section. Whether you envision a cozy residence, a boutique guesthouse, or a unique commercial space, this property serves as a blank canvas with solid bones, ready to be transformed to suit your vision.

Strategically located, the property is within walking distance to Macalister Road and Burmah Road, placing you close to an array of eateries, retail shops, daily essentials, banks, clinics, hospitals, hotels, and more. Despite being in the heart of George Town, the cul-de-sac setting ensures peace and privacy, making it an ideal place to live while staying well-connected to city conveniences.

For sale at MYR 1.23M o.n.o. on an “as-is” basis – view to appreciate.

Property Details

Property Type

Shop lot

Tenure Type

Freehold

Land Title

Non Bumi Lot

Property agent

Penang Property Angel

Firm: E - 31601, REN 49904

All ads from this advertiser (35 For Sale, 1 For Rent)

Mortgage Estimation

RM 5,158

Estimated monthly installment (Interest rate 3.8%)

⚠️ This is for reference only and is not a quote. Results vary according to different financial institutions. Mudah.my doesn't guarantee it's accuracy or applicability to your circumstances.

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